Why is Astral falling/rising?

As of 22-Sep, Astral Ltd's stock price is currently at 1,439.00, reflecting a decline of 12.7 points or 0.87%. The stock has been experiencing a downward trend, having lost 1.55% over the last two days. While it is performing inline with its sector today, its longer-term performance shows a concerning trend, with a year-to-date decline of 12.95% and a significant drop of 25.50% over the past year. Despite having a high management efficiency indicated by a return on equity (ROE) of 18.04% and a low debt-to-equity ratio, the stock's recent performance has been negatively impacted by disappointing quarterly results, including a 32.6% fall in profit after tax and a low return on capital employed (ROCE) of 19.32%. Additionally, the stock's valuation appears expensive relative to its peers, contributing to its underperformance.
In the broader market context, Astral Ltd's short-term performance has lagged behind the benchmark, with a 1-week return of -1.40% compared to the Sensex's gain of 0.46%. This consistent underperformance over the last three years, coupled with a significant drop in profits, has likely affected investor sentiment. Although there has been a rise in investor participation, as evidenced by a 121.49% increase in delivery volume, the overall market conditions and the company's recent negative financial results have overshadowed these positive indicators, leading to a decline in the stock price.